1 (844) 589-9732

Alaska Unemployment Reserve Fund Bond

AmeriPro Surety Bonds offers you the Alaska unemployment reserve fund bond in the amount legally required. The requirement is as per the mandate of the Alaska Department of Labor. Please call our agency at 844-589-9732.

Alaska Unemployment Reserve Fund Bond

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Surety Bond Amount and Purpose

 

 

 

Alaskan entities which are designated as nonprofit organizations, according to Statute 23.20.276, are required by the state to obtain a surety bond as a condition of the designation.

Currently, the amount of the surety bond required is statutorily the greater of $32,000 or 3.2% of the total of wages paid in the 4 most recent calendar quarters. For those who did not pay prior wages, the bond amount is an estimate of what that amount would be based upon your most recent calculations.

This is according to Title 8, Chapter 8.260 of the Alaska Administrative Code.

The purpose of the surety bond is to serve as a financial guarantee that all reimbursements, including penalties and interest, will be paid as owed.

Even three years after your business is no longer an employer or after ending your reimbursable status, you must keep this surety bond in effect.

 

 

 

Qualifying and the Premium

 

 

 

Qualifying for the Alaska unemployment reserve fund bond includes completing an application and having it signed and witnessed. Your application does not need to be notarized. Our agency can begin part of the application with you by phone.

Upon receipt of the completed application, there will be an underwriter review, which includes a credit check inquiry.

To be approved, good credit is required; the rate is 2% of the surety bond amount annually.

Upon approval of your surety bond, our agency issues it along with a Power of Attorney form. Upon receipt, you’ll file sign your bond as Principal, filing it to:

State of Alaska

Department of Labor

Employment Security Division

PO Box 25509

Juneau, AK 99802

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, court, probate, and other surety bonds in Alaska and all 50 states.

Please call our agency today at:

 

844-589-9732

 

Or, you may fill out the form below and a Surety Agent will contact you…

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AmeriPro Surety Bonds

Our focus is exclusively surety bonds. We have two areas of concentration: YOU, our customer; and providing you with the surety bond that you need. Whether the bond is an "instant issue"; is for a contractor; a court bond; or one for a client with lower credit scores, AmeriPro Surety Bonds dedicates itself to providing our customers with a seamless, professional, and quick surety bond experience.

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Office: 1 (844) 589-9732

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Monday – Friday 6 am to 5 pm (PST)